Trade surplus at EUR 811 mln in November
Image by Pixabay
Surplus on external trade in goods amounted to EUR 811 million in November, with exports decreasing by 0.5% compared to October and imports increasing by 0.4%, according to data by the Central Statistical Office (KSH).
In EUR terms, the value of exports was 6.9% and that of imports 1.9% higher in November 2020 than in the same period of the previous year. The balance of external trade in goods improved by EUR 482 million compared to November 2019.
The value of exports amounted to EUR 10,140 million and that of imports to EUR 9,329 million in November 2020.
The share of EU-27 Member States was 78% in exports and 70% in imports. Exports to the United Kingdom were 3.5% of total exports.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.